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Stochastic Crosses EA for Metatrader 4

By   /   November 3, 2013  /   1 Comment

Stochastic Crosses EA Automated Trading

stochastic expert adviser open trades when stochastic lines crossover each other with filter to open trades only when crosses on overbought or oversold levels .

Platform : Metatrader 4 (MT4)

stochastic crosses ea forex mt4 metatrader 4

Entry Trading Rules :

Buy Trade : Stochastic indicator main line crosses signal line from below and close above it  .

Sell Trade :Stochastic indicator main line crosses signal line from above and close below it .

if parameter OpenTradesOnLevels is enabled stochastic must be in overbought to enter sell trade and oversold to enter buy trade .

Expert Adviser Settings :

stochastic crosses ea settings metatrader

EnableTimeFilter : true=enable time filter , false=disable time filter .
Start_Hour : time filter start hour .
End_Hour : time filter end hour .
MaxTrades : max opened orders in the same time .
CloseInReverse : close order if signal reversed .
Lots : order lot number .
MoneyManagement : true=allow auto manage lot .
Risk : risk percent if allow manage lot .
Kperiod : K Period .
Dperiod : D Period .
slowing : slow Period .
Method : price method  // 0= simple , 1=exponential , 2=smoothed, 3=linear weighted .
OpenTradesOnLevels : true=open trade only when stochastic is overbought or oversold // false=disable this condition .
OverBoughtLevel : overbought level to enter sell trade .
OverSoldLevel : oversold level to enter buy trade .
TakeProfit : take profit points .
StopLoss : stop loss points .
BreakEven : Break Even point .
BreakEvenPips : pips + open order price point .
TrailingStop : trailing stop point .
MagicNumber : Magic Number .

1 Comment

  1. dzodzoaction says:

    With proper trade manager, this EA is profitable and can generate profits.

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